Think about the seven benefits listed below that a DMS could provide to your business.

Category: Technology

  Before a product may be sold to the public, it must comply with some regulations that include its manufacture, packaging, and shipping. When a product is finished being manufactured, it is shipped to distributors who sell it to retailers and wholesalers. The nodes in the supply chain that have an impact on the delivery of finished goods are at the heart of any cutting-edge distribution management system (DMS). This consists of the phases of production, packaging, inventory management, storage, and delivery. In India, it's becoming increasingly difficult to manage the supply chain and respond to client requests without distribution management software. Because of this, crucial parts of channel sales can be better handled, including stock replenishment, storage expenses, and production scheduling. Consider the following reasons why a Distribution Management System can be useful for your company. While the actual number of advantages is very definitely unlimited, some of the more important ones are listed here.   1. Immediately accessible, for one. As a producer of fast-moving consumer goods, you know how important it is to monitor your supply chains constantly and without interference. Without a DMS, you'll have to rely on infrequent updates to outdated information that your distributors offer at great expense. Stock levels at distributors, outstanding orders, returned orders, etc., should not be compromised in any way. Thus, distribution management software is fundamental to a smoothly running distribution system.   2. Remotely observing Companies producing fast-moving consumer goods (FMCG) in India are rapidly expanding their distribution networks to include virtually all of the country's districts to keep up with the rising disposable income. Collecting accurate information on product flow from each distributor can be challenging due to high volume, time management, and distributor isolation. Having a distribution management system in place increases the likelihood that distributors in urban, rural, and international settings can all deliver the data you need.   3. Major advantages your product offers to merchants  Adopting distribution management software could help them save time and energy by automating and standardizing various processes. This software will streamline the distribution process by automating the flow of all products, generating invoices, tracking payment history, and sending out smart notifications.   4. Disputes are settled more rapidly. Your distributors will appreciate how quickly their claims will be processed thanks to the DMS. The DMS will handle all aspects of the return policy, damaged receipts, and payables tracking for the company and distributors. Furthermore, the entire procedure may be accomplished substantially more quickly if all claims are submitted electronically using DMS as opposed to manually, which would need many rounds of modifications between the two parties.   5. Better Administration of Marketing and Advertising Efforts Businesses cannot thrive without incentive and recognition programs. Companies frequently allocate substantial resources to this sort of activity. The Distributor Management System will help you understand how each scheme is operating, and it will include all appropriate checks and balances to ensure accurate billing.   6. Improved stock turnover time  Companies dealing in fast-moving consumer goods (FMCG) should provide a constant supply to their stockists, distributors, retailers, and other channels of distribution. Using a DMS, you may track anything from stock levels and expiration dates to batch numbers and refunds. Distributor sites can get new versions of products before the general public, and replacements can be sent out much faster than in the past.   7. Making the most of production planning. The ideal situation would have your ERP system's demand planning module communicating with your DMS. So, the ERP's production planning engine can factor in factors like inventory at warehouses and upcoming orders. With better production planning, there will be far less waste of production resources, if any at all.